US stock market today: Wall Street rallies over 1% on falling oil prices, hopes of deal with Iran
The S&P 500 gained 1%, the Dow Jones Industrial Average rose 624 points (1.2%), and the Nasdaq Composite was up over 1% on Monday.
Brent crude fell 4.9% to $83.65 per barrel after President Donald Trump decided against new US military strikes on Iran.
The 10-year US Treasury yield declined to 4.68% from 4.75% at Friday's close.
Shares of United Airlines, American Airlines, and Norwegian Cruise Line Holdings gained over 5% each due to lower fuel costs.
Micron Technology fell 4.9% amid concerns about the sustainability of AI-driven revenue growth.
Story angle
Center-right
Mostly straight facts, with a light government- or market-friendly tilt.
About how the story is framed, not whether the facts are true.
Times of India
Center-right
Mixed factuality
Who owns this?
Times Group
Bennett, Coleman & Co. (Sahu Jain family)
India's largest newspaper group by circulation.
Wikipedia: Sahu Jain family